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Blessings V3_7-6 (By bluemele )

The user has deleted this system.

Blessings V3_7-6 Discussion

DoubleTrap (ForexSeeker)
Jul 28 2010 at 14:54
814 posts
Let's do some average estimation .
This 10k account use 1 month earning $620.76 in a month times.
If idea working with such performance, 3 month will estimate earn $1862.28

Compare to my demo account of 3 month running.
https://www.myfxbook.com/members/ForexSeeker/5-bless-martin/29610
3 month using 5k account, leverage 1:200 already earn $1857.35

The 10k account have 2.41% DD, while my 5k account have 27.49% DD.

Let see what happened later 3 month more.

Information is Gold when come to organised.
bluemele
Jul 28 2010 at 15:05
272 posts
Hi DoubleTrap,

Earnings would have been 900.00 for the month had I not exited two currencies and removed them from my list (GBPNZD and EURAUD).

I closed them right before they would have made the $ back, but I am ok.

In addition, I deposited 400.00 and ran just a pair or two, now I deposited 10K more and ran 22 pairs (now 20).

So, the numbers are hard to make sense due to the changes made. The other difference is that I am not using EP and I do close trades early or force certain directions occasionally, but honestly I think that has hurt me more than helped me. :)

I expect 10% per month on this account, actually between 8% and 11% per month. If it hits a MAY 10' event or worse, it could blow up if it catches it just right/wrong.

I am ok w/ that as I have another 100K to make it right if it does.

Gil

P.S. I am a fan of your testing!

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
junglist00
Jul 28 2010 at 15:08
38 posts

cun111 posted:
    
Hi,

I noticed that blessing always insist on to trade in one direction regardless the initial trade would result in profit or loss. That is, let us assume that the market is in bull direction and our trade is in that way........ I lived this situation in GBPJPY pair with standard settings.I lost about 400 pips because of this trade😡. Do you have any suggestion to prevent this. When a trade resulted in somehow whether as profit or loss, the subsequent trades should not be opened immediately. Instead the system should check the conditions according to current market trends. Have you got some idea or any advice to change my settings to sustain this.

cheers
Cuneyt.


I am no expert on blessings, don't even fully understand trading logic ... but I wouldn't start trading a pair like GBP/JPY until fully understand how ea works.... also, settings that work on 1 pair may not work on another pair. I am using a different martingale ea on gbp/jpy and orders are set 200 pips apart... while for usd/jpy the are set 40 pips apart ... any settings that can withstand May 5-7 move should be able to run for a while without any problem.

DoubleTrap (ForexSeeker)
Jul 28 2010 at 15:20
814 posts
Wow.. you are rich. I'm just starting Forex a few years and earn nothing yet.
You earn the 100k from forex or properties investment ?

You are my big client. 😄 Interested to lease my Kill Bill 5 EA ?

Your case maybe can use Risk2 with 2k initial deposit. Estimate return $600 to $1000 per month.

More detail can click below my link to 'EA Leasing' page.

Information is Gold when come to organised.
bluemele
Jul 28 2010 at 15:29
272 posts

junglist00 posted:
    
cun111 posted:
    
Hi,

I noticed that blessing always insist on to trade in one direction regardless the initial trade would result in profit or loss. That is, let us assume that the market is in bull direction and our trade is in that way........ I lived this situation in GBPJPY pair with standard settings.I lost about 400 pips because of this trade😡. Do you have any suggestion to prevent this. When a trade resulted in somehow whether as profit or loss, the subsequent trades should not be opened immediately. Instead the system should check the conditions according to current market trends. Have you got some idea or any advice to change my settings to sustain this.

cheers
Cuneyt.


I am no expert on blessings, don't even fully understand trading logic ... but I wouldn't start trading a pair like GBP/JPY until fully understand how ea works.... also, settings that work on 1 pair may not work on another pair. I am using a different martingale ea on gbp/jpy and orders are set 200 pips apart... while for usd/jpy the are set 40 pips apart ... any settings that can withstand May 5-7 move should be able to run for a while without any problem.


Yah, agree... I have custom settings for GBPJPY and EURJPY. Believe it or not, if you backtest, EURJPY is more dangerous because it trends better while producing big moves. GBPJPY moves big, but retraces often. That is why GBPUSD is a better pair then EURUSD.

You want pairs that do a fib 50% retracement! :)

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
bluemele
Jul 28 2010 at 15:32
272 posts

ForexSeeker posted:
    Wow.. you are rich. I'm just starting Forex a few years and earn nothing yet.
You earn the 100k from forex or properties investment ?

You are my big client. 😄 Interested to lease my Kill Bill 5 EA ?

Your case maybe can use Risk2 with 2k initial deposit. Estimate return $600 to $1000 per month.

More detail can click below my link to 'EA Leasing' page.


DoubleTrap,

Thanks for the hard sell, but I think I will stick to what I am doing. 'Rich' is a relative term in both time and comparison to others.

I will keep an eye out on your product. Why don't you just sign up for zipsignals or zulu or something if you want to trade other dummies money. :) I say dummies as together with the investments over the last 10 years that I have invested with others, I am probably -230K or so....

I made a bit in property development, and now I trade futures successfully as well. Forex is a middle term monster that I am choosing to conquer within the next few years for steady and consistent gains! :) Even though I am planning on 10% a month on the 10K account, I am really gunning for 1% on 100K. That is my strategy to manage a fund at some point and this is just the start. :) I will use my 2 strategies that I am using now, with my other technical technique's with fundamentals.

Life is good. ('ask me that after the next May 6, 2010 event'). :) haha

Gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
bluemele
Jul 28 2010 at 15:35
272 posts
What I find really interesting is that my other EA has performed just as well as blessings, but I get 10 times the hits and 10 times the comments. :) Blessings is really popular!

Gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
DoubleTrap (ForexSeeker)
Jul 28 2010 at 15:57
814 posts
I hear about the RentAsignal which you sell signal to subscriber. But not sure how it work for signal provider.

As if like I giving a platform to do manual trade or I able just install my EA on my server and sent the signal to the Server ?

As my EA is tight scalping type which need to use dynamic trailing stop to stay profit, the signal probably won't work for every broker as the delay and sensitive pip movement.

Selling signal probably work for manual trader that go into a trade using pending order and TP , SL.
For EA that do fast scalping probably will be a problem.

I also got thinking try PAMM account, but the problem of PAMM account is leverage 1:100 and need 3k deposit.

So after 6 May 2010 has what good thing ? The fall of currency and the Greece gone broke do make some people rich ?

Information is Gold when come to organised.
bluemele
Jul 28 2010 at 17:40
272 posts

ForexSeeker posted:
  

So after 6 May 2010 has what good thing ? The fall of currency and the Greece gone broke do make some people rich ?

I was being sarcastic in that I will probably be crying in my beer... :)

<quote=ForexSeeker>
Selling signal probably work for manual trader that go into a trade using pending order and TP , SL.
For EA that do fast scalping probably will be a problem.


Agree!

I think instaforex you could get started without that no?

Gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
DoubleTrap (ForexSeeker)
Jul 29 2010 at 03:06
814 posts
Kill Bill 5 is a very sensitive scalping EA that you need a very small pips of movement which require 5 digits.

That why it call < Kill Bill 5 >. As it only can Kill the 5 digit platform.

Information is Gold when come to organised.
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